Answer Posted / santosh powle

Followings are the category for VAT treatement.
1. Goods exempt from VAT under section 7
2. Transction Zero rated hence NO Tax to the transctions
mentioned under section 8
3. 4% in case of transctions mentioned sub section 3 of
Section 3 of VAT act.
4. 14.5% to all business inculding deemed transctions not
mentioned herein above

What is Vat and how it is adjustable with input vat and what return form required for DVAT?

2517

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what is highseas purchase and sales? how is custom duty calculated? what are the criteria for a person dealing in shares comes under tax audit? whether all equity oriented fund are eligble for stt?

5678

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What is the difference between fund flow vs. Cash flow?

1130

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What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?

2200

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whether octroi service charge levied on entry tax? and is service tax levied on octroi service charge?

3020

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what is sales tax assesment or annuel return company and how to do end of the finiancial year and what is form no 240.

2092

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What we mean by MAT Credit Entitlement ???

7269

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i want know central excise duty codes with cess?

2766

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what are the benifits available to become and EOU in all taxes, such as Income Tax, Sales Tax, Excise, Custom

2255

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We are Interior Decorators in Chennai,Tamilnadu. I would like to know the vat applicable for us 14.5% or 5%. We supply the material and do the works at the sites itself.

2657

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what is the Difference between Compound Sales and Deemed Sales?

2208

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Explain the Calculation of Sales Tax?

2200

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Deferred taxation is a part of which equity?

1213

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Suppose that a sub-contractor total work done for Rs.100 & he charged 10.3% service tax.Then total gross value will RS.110.30.On what amt you will (that means on total work done or total gross value)charged Retention@10%,WCT@3% & TDS@2%.

2164

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can i adusted our vat credit in W.C.T. payable?

3627

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